Octopus Energy Group Raises Fresh Funds Totaling $550 million Updated On Wed, Jul 27th, 2022 by Saurenergy In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […] Read more
Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat Updated On Wed, Jul 27th, 2022 by Saurenergy Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […] Read more
Trina Solar Passes 8GW Solar Module Shipment Milestone For India Updated On Wed, Jul 27th, 2022 by Saurenergy Trina Solar has shipped more than 8GW of solar modules to India since 2010, supplying to PV projects in all three segments of residential, commercial and industrial and utility. “Solar modules for commercial and industrial (C&I) businesses accounted for 60% of Trina Solar’s shipments to India last year and in 2022’s first quarter, while about […] Read more
The Rise Of Solar Fires Sound A Cautionary Note Updated On Tue, Jul 26th, 2022 by Saurenergy A recent study by Firetrace International, a global provider of fire suppression technology, has indicated that solar farm fires are seeing a sharp rise. The report, titled, “Hidden Danger – why solar farm fire risk could be greater than you think,” shares that the industry could possibly be misjudging the threat of fire. It has […] Read more
TCIL Floats Tender For Supply Of Rooftop Solar Of Different Capacities Updated On Tue, Jul 26th, 2022 by Saurenergy Telecommunications Consultants India Ltd. (TCIL) has floated a tender for rooftop solar power systems of different capacities connected to LT & HT Panel (Grid Connected) in the various states across India. This TCIL solar tender includes supply, installation, testing, and commissioning of rooftop solar power plants. All the equipment/solutions supplied under this EOI must have […] Read more
Watch Out For World’s First Solar-Powered Mass Market Electric Car Updated On Tue, Jul 26th, 2022 by Saurenergy Sion, a five-seater compact family electric car wrapped with 456 solar panels except the windows, is likely to enter the assembly line in the second half of 2023, the German start-up Sono has said. The vehicle was unveiled at Munich. The company is looking to produce more than 250,000 of the vehicles over the period […] Read more
German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition Updated On Tue, Jul 26th, 2022 by Saurenergy Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […] Read more
MasTec to Acquire Infrastructure and Energy Alternatives (IEA) Updated On Tue, Jul 26th, 2022 by Saurenergy MasTec and Infrastructure and Energy Alternatives (IEA) have announced signing an agreement under which MasTec will acquire all of the outstanding shares of IEA in a cash-and-stock transaction. Each IEA share is valued at $14.00. The official statement of MasTec said that the transaction has been unanimously approved by the Boards of Directors of both […] Read more
Omkareshwar Floating Solar: RUMSL Invites Bids for Phase 2 of 300 MW Updated On Mon, Jul 25th, 2022 by Saurenergy Following the successful conclusion of it’s phase I tender for 300 MW, Rewa Ultra Mega Solar (RUMSL) has initiated proceedings for phase 2. The plans for 600 MW floating solar power project in Madhya Pradesh’s Omkareshwar Reservoir seem to be progressing well to make it among the largest floating solar projects worldwide in time. This […] Read more
